An 8-year Bitcoin whale offloaded $136M (1,176 BTC) to Hyperliquid, resuming sales after a $4B BTC-to-ETH rotation, as Bitcoin struggles with $116K resistance.Despite holding 49,634 BTC ($5.4B) in reserves, the whale’s activity adds pressure amid weak ETF inflows, September’s bearish seasonality, and rising dormant wallet liquidations.